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And those figures were robust in the most recent quarter, with Netflix earning $1.9 billion, or $4.27 per share, nearly doubling from the same time in 2023. Revenue climbed 16% from the same 2023 ...
The company is raising the cost of its ad-supported plan to $7.99 from the prior $6.99. Its Standard, ad-free tier will now be $17.99, up from $15.49, while its Premium plan will increase by $2 to ...
Netflix ended September with 282.7 million worldwide subscribers – far more than any other streaming service. Netflix's subscriber growth is slowing, but its profit and stock price are still surging
The previous time Netflix raised prices in the US and UK was in October 2023. In the UK, that meant the basic, ad-free subscription rose from £6.99 a month to £7.99, while the premium ...
In April 2023, Netflix began to occasionally stream live events, beginning with Chris Rock's stand-up comedy special Selective Outrage. Several of these events have faced technical issues on the platform; a Love is Blind season 4 live reunion special on April 16, 2023, was delayed due to unspecified technical problems, with users reporting ...
Compared to the same quarter last year, net profits rose 44% to $2.15 billion. After being widely considered the winner of the streaming wars , there were some questions as to what extent Netflix ...
On January 10, 2023, Netflix announced plans to open an engineering hub in its Warsaw office. The hub is to provide Netflix's creative partners with software solutions in the production of films and series. [299] On April 18, 2023, Netflix announced that it would discontinue their DVD-by-mail service on September 29. [300]
In July, Netflix got rid of its $10-per-month Basic plan, a subtle move meant to nudge consumers who could afford it toward its $15.49 a month Standard plan or the more price conscious subscriber ...